ParamjitMahapatro

aksh optifibre looks bullsih in medium to long term

Long
NSE:AKSHOPTFBR   AKSH OPTIFIBRE
In monthly, price broke out of multi year horizontal resistance and sustaining above it.

in weekly, BB is trending up and and price sustaining above 20ma.
in daily, price broke out of consolidation and pushing upper BB upward, and BB is expanding


with sl - 24 1st tgt - 85, long term tgt - 155
Trade active:
moving up as expected, multiple UC and BB is expanding sharply.
Trade active:
till now 44.15
Trade active:
in daily, price bounced from horizontal and trend line support,

Trade active:
cmp - 32.90, price retraced back to horizontal support zone and bouncing back, hidden bullish divergence also formed here.
Comment:
moving up , till now, 37.55
Comment:
cmp - 31.35, price has cam down to imp support level, probability for a bounce back,
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